Deutsche Bank fined for sham Russian trades

Deutsche Bank has agreed to pay $630 million in fines for organising $10 billion in sham trades that could have been used to launder money out of Russia. As Sonia Legg reports, it's the latest in a string of penalties that have hammered the German lender's finances.

Subscribe: http://smarturl.it/reuterssubscribe
More updates and breaking news: http://smarturl.it/BreakingNews

Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial, national, and international news. For over 160 years, Reuters has maintained its reputation for speed, accuracy, and impact while providing exclusives, incisive commentary and forward-looking analysis.

http://reuters.com/
https://www.facebook.com/Reuters
https://plus.google.com/u/0/s/reuters
https://twitter.com/Reuters